90 Cunningham DrNew Smyrna BeachFL32168
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in New Smyrna Beach at 90 Cunningham Dr, New Smyrna Beach, FL, 32168 priced at $1,395,000 pairs $4,336/mo rent with after a $6,828/mo payment. Total monthly income equals $4,336/mo. Return on cash invested is 7.3% in year one, and rental yield stands at 3.73% on a $1,395,000 basis. Equity gained on principal adds $9,002/yr, and 5% annual appreciation accumulates to $385,413 by year five. Five-year ROI measures 35.75% and total cumulative return in cash reaches $161,578. For financing, Ziffy Mortgage’s DSCR program evaluates $4,336/mo property income against a $6,828/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32168, New Smyrna Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,367 (100%) |
| Owner Occupied HU | 12,739 (69.4%) |
| Renter Occupied HU | 3,324 (18.1%) |
| Vacant Housing Units | 2,304 (12.5%) |
| Median Home Value | $445,255 |
| Average Home Value | $493,608 |
Housing Distribution
Address Breakdown
Residential
16,555
Single Family
15,194
Multi-Family
1,361
Businesses
831
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Candace Cecil • LOCAL LIVING REALTY GROUP
Mls Name: Stellar MLS
Mls ID: #NS1084859